According to BlockBeats, on July 3, Bittensor officially responded that its wallet had been attacked, and an investigation was underway, and all on-chain transactions had been suspended until more information about the nature of the attack was available. The chain is now in safe mode for at least 24 hours, and all transactions (including transfers) are now suspended. Bittensor will not release any regular software updates or any chain updates on the mainnet or testnet until the chain is fully restored online. As previously reported, Bittensor (TAO) fell more than 15% in a short period of time due to the theft of its on-chain wallet, and is now quoted at $236.
